Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
The familiar problem of inter-creditor opacity has also reappeared
Company in 'no doubt' a public trade would have delivered better pricing
As with other private placements from Africa, observers have questioned the merits of the format
Benin reaped the rewards of its sukuk debut last week, and will do so for years to come
More articles/Ad
More articles/Ad
More articles
-
Choppies Enterprises, a Botswanan groceries retailer, has kicked off roadshows for a secondary listing worth about R1.4bn ($117m) on the Johannesburg Stock Exchange.
-
Afren, the troubled oil exploration company, has decided not to pay the $12.8m of interest which was due on its 2019 bonds on April 8, 2015, despite having raised $200m of interim funding on April 30.
-
Ghana National Cocoa Board (Cocobod) has entered the early bird senior phase of its annual loan, according to bankers involved in the deal.
-
Afren, the troubled oil exploration company, has avoided imminent bankruptcy with a $200m lifeline credit facility. The money injection follows a tense restructuring process in which two Nigerian banks dictated terms to a group of global financial giants, writes Olivier Holmey.
-
Mining company Petra Diamonds closed a successful $300m debut deal on Wednesday — the only one from the CEEMEA region this week in dollars or euros. The bond was trading well in the secondary market on Thursday with the order book having drawn over $1.1bn.
-
Mining company Petra Diamond closed a successful $300m debut deal this week, which was trading well in the secondary market on Thursday, said bankers on the deal.